General Elder Law Issues

Concerned About How To Pay For Long Term Care in 2017? Start Here.

Are You Struggling To Figure Out How To Pay For Long Term Care For A Loved One In A Nursing Home?

long term careWe often think that Alabama Medicaid is the only way to pay for nursing home for our spouse or parent.

However, Medicaid is simply one solution among a number of solutions.

To properly determine how to pay for nursing home care, we have to look at the risk and then all of the options before we can adopt a … (Read more)


“What is an annuity under Elder Law?”

Many times when we’re helping families plan long term care, or maybe helping out families who are in a long term care crisis, the subject of annuities tends to come up.

An annuity under Elder Law is where we turn an asset into a steady stream of income.

We give money to the insurance company, and they hand us back a contract that says, “We will give you X amount of money back over a span of Y months.”

This … (Read more)


Definition of Estate Planning and Elder Law Words

The purpose of this section is to give you a short definition of many of the common words used in estate planning and elder law.  Within each definition, the italicized terms are listed in this glossary so you can find the definition of those as well.  Let me know any other words you would like to see added to this in the next edition — thanks!  (This is from our upcoming book).

Activities of Daily Living (ADL):  These are activities (Read more)


Will an inheritance interfere with my Social Security Disability Income and Medicare benefits?

Usually, it will not.

If you are receiving Social Security Disability Income or Insurance (SSDI) after you have worked and now become disabled, then this is not a means-based or means-tested benefit. It is rather a matter of whether you acquired enough work quarters (or credits or whatever Social Security calls it) and whether or not you meet their definition of disability.

Whether you receive an inheritance or not does not matter, because this is not means-based.

Medicare is also … (Read more)


Will an inheritance to my disabled child receiving SSI and Medicaid interfere with their benefits?

Here is a situation. You have a disabled child and she is receiving SSI. Note that this is Supplemental Security Income (SSI), not Social Security Disability Income (SSDI). SSI is a means-based or means-tested benefit. This means that certain requirements for income and assets musts be met in order to qualify. Medicaid works the same way.

What if your child is to receive an inheritance from a relative? Will this interfere with their SSI and Medicaid benefits?

Yes, the inheritance … (Read more)


Free workshop on estate planning and elder law in Birmingham on October 2 at 2pm

We wanted to let you know we are having a free workshop (“The 7 Threats to Your Estate Plan”) at our Birmingham office on October 2, 2014, at 2 pm.

This is a free workshop where we are confident you will learn a lot and have some fun doing so.  🙂

The subjects of estate planning and elder law are not normally the most exciting topics to think about but they are important.

And we can discuss these in … (Read more)